How Much Does 1998 Chrysler Sebring Insurance Cost?

Trying to find the cheapest car insurance rates for your Chrysler Sebring? Comparison shopping for car insurance can be hard for beginners to comparison shopping online. There are so many options available that it can turn into a real challenge to locate the lowest price.

Cut your car insurance rates with discounts

Companies don’t necessarily list every discount in an easy-to-find place, so the following is a list of both the well known and also the lesser-known ways to save on car insurance.

  • Multi-policy Discount – When you combine your home and auto insurance with one company you may earn 10% to 20% off each policy.
  • Defensive Driver – Successfully completing a driver safety course could cut 5% off your bill and easily recoup the cost of the course.
  • No Charge for an Accident – Some insurance companies will allow you to have one accident before hitting you with a surcharge if your claims history is clear prior to the accident.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles can avoid accidents and therefore earn up to a 10% discount.
  • Discount for New Cars – Insuring a new car can cost up to 25% less compared to insuring an older model.
  • Homeowners Pay Less – Owning a home may trigger a car insurance policy discount due to the fact that maintaining a home requires personal responsibility.
  • Paperwork-free – Certain companies may give you up to $50 for buying your policy digitally online.

A little note about advertised discounts, many deductions do not apply to the entire cost. Most only reduce the cost of specific coverages such as medical payments or collision. So when the math indicates having all the discounts means you get insurance for free, companies wouldn’t make money that way.

Insurance companies that may offer these discounts may include but are not limited to:

Double check with every prospective company which discounts you may be entitled to. All car insurance discounts might not be offered in your state.

Some factors that can determine what Chrysler Sebring insurance costs

Consumers need to have an understanding of the rating factors that play a part in calculating insurance rates. Knowing what controls the rates you pay allows you to make educated decisions that will entitle you to lower insurance prices.

Shown below are some of the items companies use to determine prices.

  • Clean credit earns discounts – A driver’s credit rating is a important factor in calculating your insurance rates. Drivers with high credit ratings tend to file fewer claims and have better driving records than drivers who have lower credit ratings. If your credit rating can use some improvement, you could be paying less to insure your 1998 Chrysler Sebring by improving your credit score.
  • Where you live – Being located in a small town is a positive aspect when it comes to insurance. Fewer people means fewer accidents and also fewer theft and vandalism claims. Drivers who live in large cities have to deal with more traffic problems and a longer drive to work. More time on the road translates into higher accident risk.
  • With age comes lower rates – Teenage drivers are known to be less responsible when behind the wheel so they pay higher insurance rates. Older insureds tend to be more responsible, tend to cause fewer accidents and receive fewer citations.
  • Traffic citations inflate rates – Just one speeding ticket may increase your cost forty percent or more. Drivers with clean records receive lower rates than bad drivers. Drivers who have serious citations such as hit and run, DWI or reckless driving convictions may need to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to continue driving.
  • Your car’s features help determine rates – Choosing a vehicle that has an advanced theft prevention system can help bring down rates. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart car theft.
  • Do you need those extra coverages? – There are a ton of extra bells and whistles you can purchase if you aren’t careful. Coverages like vanishing deductibles, better glass coverage and membership fees are examples of these. These may sound like a good investment when you first buy your policy, but your needs may have changed so get rid of them and save.
  • What are your deductibles? – Deductibles for physical damage define the amount you are required to spend before your insurance pays a claim. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Some examples of claims that would be covered would be running into the backend of another car, damage caused by hail, or theft. The more expense the insured has to pay upfront, the bigger discount you will receive on Sebring coverage.

You are unique and your insurance coverage should be too

When buying proper insurance coverage, there really is no “perfect” insurance plan. Each situation is unique.

For instance, these questions may help highlight whether you may require specific advice.

  • Does my medical payments coverage pay my health insurance deductible?
  • Do I need medical payments coverage since I have good health insurance?
  • Am I better off with higher deductibles on my 1998 Chrysler Sebring?
  • Who is covered when they drive my 1998 Chrysler Sebring?
  • When would I need rental car insurance?
  • When can my company non-renew my policy?
  • Will filing a claim cost me more?

If you’re not sure about those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form.

Save 15 percent in 15 minutes? Is it for real?

Allstate and Progressive consistently run ads on TV and radio. All the companies make an identical promise about savings if you change your coverage to them. But how can every company say the same thing? This is how they do it.

Insurance companies can use profiling for the right customer that earns them a profit. For example, a desirable insured might be profiled as between 30 and 50, owns a home, and has a short commute. Any driver who matches those parameters is entitled to the best price and as a result will probably save when they switch companies.

Potential insureds who fall outside these standards will be quoted higher prices which leads to business not being written. The ads state “customers that switch” not “everybody who quotes” save money. That’s why companies can claim big savings. This emphasizes why you should compare as many rates as you can. It’s not possible to predict which company will give you the biggest savings on Chrysler Sebring insurance.

Car insurance 101

Knowing the specifics of a insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy.

UM/UIM Coverage – This coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Collision – This coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers claims like driving through your garage door, colliding with a tree, sideswiping another vehicle and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. You can also bump up the deductible to bring the cost down.

Comprehensive or Other Than Collision – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like a broken windshield, falling objects and rock chips in glass. The most a insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses like chiropractic care, surgery, doctor visits, funeral costs and nursing services. The coverages can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP is not an option in every state but can be used in place of medical payments coverage

Liability car insurance – Liability coverage can cover injuries or damage you cause to a person or their property in an accident. It protects YOU against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 25/50/25 which stand for a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.

Liability insurance covers claims such as structural damage, repair bills for other people’s vehicles, medical services, emergency aid and legal defense fees. How much liability coverage do you need? That is up to you, but buy as large an amount as possible.

In Summary

When you buy insurance online, don’t be tempted to skimp on coverage in order to save money. There are too many instances where someone dropped liability limits or collision coverage only to discover later that they should have had better coverage. Your goal should be to buy enough coverage at the best price while not skimping on critical coverages.

We’ve covered a lot of tips how to save on 1998 Chrysler Sebring insurance. It’s most important to understand that the more you quote, the better chance you’ll have of finding lower rates. You may be surprised to find that the lowest priced auto insurance comes from some of the smallest insurance companies.

Consumers leave their current company for a number of reasons such as extreme rates for teen drivers, policy cancellation, unfair underwriting practices and policy non-renewal. Regardless of your reason, choosing a new company is less work than it seems.

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